Multnomah County, OR Housing Market Brief
county · OR · score computed October 2026
What is Multnomah County, OR’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band
Where is Multnomah County, OR in its market cycle?
Multnomah County, OR is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Multnomah County, OR?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Multnomah County, OR housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $498K | ▼ -0.4% | Redfin |
| Median Days on Market | 32 days | 0% | Redfin |
| Months of Supply | 4.0 | ▲ +8.1% | Redfin |
| Homes for Sale | 2,847 | ▲ +3.3% | Redfin |
| Homes Sold | 713 | ▼ -4.8% | Redfin |
| Median Price / Sq Ft | $304 | ▼ -0.2% | Redfin |
How has Multnomah County, OR’s Alpha Score moved?
Markets like Multnomah County, OR
- El Dorado County, CA, CAcounty21
- Nevada County, CA, CAcounty23
- Humboldt County, CA, CAcounty18
- Coos County, OR, ORcounty19
- Merced County, CA, CAcounty25
- Monterey County, CA, CAcounty24
- Contra Costa County, CA, CAcounty21
- Santa Cruz County, CA, CAcounty23
- Clackamas County, OR, ORcounty25
- Santa Fe County, NM, NMcounty25
Frequently asked questions
Is Multnomah County, OR a buyer's or seller's market?
In the scores computed October 2026, Multnomah County, OR is classified as a Deep Buyer's Market, based on its Alpha Score of 21 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Multnomah County, OR?
The median sale price in Multnomah County, OR is $498K, having held roughly steady over the past year, according to Redfin.
How affordable is Multnomah County, OR?
Multnomah County, OR scores 3 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Multnomah County, OR's Alpha Score?
Multnomah County, OR's strongest dimension is Economic Strength (46/100) and its weakest is Affordability (3/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Multnomah County, OR? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.